Nanning Sugar Industry transfers equity in subsidiary in almost free

Summary: On 19 Dec., Nanning Sugar Industry signed the equity transfer contract with Guangxi Xinze and received a total of USD0.14 (RMB1.00). Guangxi Xinze was required to repay the USD70.00 million (RMB492 million) of financial grant for Huangjian Y...

Sweeteners China News 201912

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